Listing disclosure throws light on Chinese IPOs

In an attempt to improve transparency, China is setting the bar higher for IPO candidates such as bear-bile producers and copyright infringers.

Transparency has always been a sensitive issue in China. There’s an old Chinese saying that good news stays at home, while bad news travels a thousand miles. In reality, things often happen the other way around in China.

Recently, information disclosure has become the most sought-after improvement among Chinese publicly traded companies and in a bid to boost transparency, the securities regulator has for the first time announced the names of more than 500...